DXY Big Picture
While looking at other DXY charts to use a clean chart for HTF, I saw that it touched historical trend support. It didn't touch only on the TVC chart, so I am adding it with the other charts and accepting that it touched the trend.
According to the fractal I added in August last year, the price is moving very well.
I expect a correction from these areas. I think we have reached the reversal areas due to both the momentum in the declines and the oversold.
The decline fatigue I mentioned is more evident in LTF charts. The price cannot reach the EQ zone of the decline channel that has been going on since February on the daily chart. Although it is a very inclined channel on the 4h chart, it can no longer reach the channel bottom. For this reason, I think this region is where reversal should be sought. After the first 0.38 of this decline, I think a pullback to 0.5 is possible.
While looking at other DXY charts to use a clean chart for HTF, I saw that it touched historical trend support. It didn't touch only on the TVC chart, so I am adding it with the other charts and accepting that it touched the trend.
According to the fractal I added in August last year, the price is moving very well.
I expect a correction from these areas. I think we have reached the reversal areas due to both the momentum in the declines and the oversold.
The decline fatigue I mentioned is more evident in LTF charts. The price cannot reach the EQ zone of the decline channel that has been going on since February on the daily chart. Although it is a very inclined channel on the 4h chart, it can no longer reach the channel bottom. For this reason, I think this region is where reversal should be sought. After the first 0.38 of this decline, I think a pullback to 0.5 is possible.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.